PrimeXBT Review: Powerful Trading Tools and Diverse List of Assets 14305

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It’s challenging when we want to discover the best platform. Finding all instruments we need and all those tools we have experienced is another big challenge. Affordable fees, security, authenticity, and also trustworthiness are what we all want. Review plays a vital role. When traders are looking for a platform, all competing for exquisite and indubitable capital out of the sea

This is the platform that aims to enlighten the reader. After getting started, signing up for  PrimeXBT is significant.

About PrimeXBT

PrimeXBT is a multi-asset trading platform based on bitcoin. It was recently awarded Best Cryptocurrency Trading Platform, Best Cryptocurrency, and Forex Broker, and Best Crypto Trading App in the Forex Awards as well as garnering an award for Best Bitcoin Margin Trading Platform in the very prestigious ADVFN Awards.

 Registration

Some platforms provide a simple signup process as PrimeXBT. It takes only one minute to signup and no personal information is required. Just an e-mail address and country are asked for signup and you can get started with making the first deposit.

Accounts are available for demo, no fee will be charged for this demo. It is for your satisfaction and no personal information will be taken for it, so you don’t need to be worried about any risk. When you are ready to start, the platform features and tools mitigate any risk.

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Deposits

Accounts are always denominated in BTC, and all deposits must be made to a BTC address. A low minimum deposit of 0.001 BTC is required. BTC is used as a financial process for all positions.

Funds are always available soon after a Bitcoin deposit. Bitcoin deposit has only 3 steps for confirmations. Further deposit methods are fiat or Altcoin etc will are available through third-party service which is known by Changelly.

Soon after the deposit, the trading account must be funded. This help tools to keep some capital separated, which is currently available for margin in the trading account. Turbo and Covesting are new features on the platform, they are available on a separate wallet system.

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Withdrawals

Withdrawals are also very simple as a deposit procedure, but the thing to keep in mind is that it can be sent to another BTS address. If you sent it to a different Cryptocurrency address, this could lead to a loss of funds.

Withdrawals are added to a queue for a once-a-day rollover period at which withdrawals are processed. Pending withdrawals can be canceled until a window ahead of rollover is reached.

Trading Instruments and Tools

PrimeXBT offers up to 1000x leverage on commodities, cryptocurrency, forex, and stock indices.

FX currencies offer includes more than 25 majors, with the addition of some currencies. All forex, including both gold and silver, maybe traded at up to 1000x.

CFDs for natural gas, Brent, Crude oil, and twelve different stock indices are offered for trading at up to 100x.

Cryptocurrencies: Bitcoin, EOS, Ethereum, Litecoin, and Ripple are offered as trading pairs against BTC and USD at up to 100x leverage.

All assets may be traded using long or short positions this helps traders to gain profit no matter the market’s direction. Stop-loss orders and take profit orders enable this long and shorts lucrative and inhibit risk. These advanced order types can even be added after a trade is made.

PrimeXBT features comprehensive charts, replete with technical analysis utilities, indicators, and more for effective strategic planning and execution. Speaking specifically of execution, this makes the platform even simpler to enter positions. It is accurate trading by clicking on the chart itself.

Rounding out the user experience is an individually-customizable interface with many available widgets. Through this traders can craft the trading terminal according to their designs.

Fee Structure

PrimeXBT has no stressful thing as it offers some of the best and reliable fees.

Across all crypto trading pairs, the trading fee is only 0.05%. Forex trading fees are as low as 0.001%. Fees for everything else are only 0.01%.

Those who up their game and become active traders successfully have some advantages. They can take reward of the progressive fee system. This system offers a 50% discount off. In the account bit, there is a method by which you can track progress towards each discount tier (25% to 50% off).

 The minimum position requirements are also quite low.

Referral Program

According to the leaderboard, the top PrimeXBT trader has already generated over 50 BTC.

This was achieved through the platform’s lucrative four-level referral program. As each referred trader brings new traders to the platform themselves, the original client to make the first referral will continue to earn commissions from each new referral forward, up to four levels of commissions.

CPA offers are also available. These are exclusive ambassador relationships that become complete with personal customer care representatives.

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Extras

PrimeXBT is also one of the few trading platforms which offer breaks from the status quo. They recently have started a new synthetic Bitcoin contract named Turbo. These short-duration contracts last only in 30 seconds, one or five minutes. It can garner up to 90% of profits at the tiniest intervals.

The results can be amazingly encouraging, however, it is possible to lose nearly all capital through these sorts of contracts, so it is generally suitable only for certain traders with a high level of command over shorter timeframes. However, it can be a handy tool. When markets are occasionally stagnant, revenue is possible even without high-percentage movements.

Also, another tool has recently started assign as Beta. They called it Covesting Fund Management Module. This unique and amazing service connects fund managers with investors and provides them chances to make a profit together in a synergistic way.

Conclusion

PrimeXBT members can take advantage of all price movements. Utilizing up to 1000x leverage you can take long as well as short positions on Crypto, Commodities, Forex, and Stock indices.

To earn profit in greater amount give a try to PrimeXBT. There is not a single reason which does not let you join PrimeXBT but the pros are no KYC process, introductory deposit, and very quick registration which typically complete in less than 60 seconds.

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African Crypto Startup, Basqet Launches Payment Gateway to Enable Businesses Accept Bitcoin – Goes Live With 118 Businesses and $1.3 Million in Transaction Volume 9710

Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.

Basqet said it is launching a public beta and will be going live with 118 businesses already signed up to start accepting payments in Bitcoin and several other cryptocurrencies.

Prior to the launch of its beta launch, the team at Basqet also revealed that they had done about $1.3 million dollars in transactions with a handful of businesses.

According to Bunmi Eleshin, Senior Product Manager at Basqet “we are creating a missing link between people who hold cryptocurrency and businesses who want to accept crypto as a means of payment. And we are doing it without merchants having to experience a loss due to crypto’s price volatility”.

Since Bitcoin entered mainstream media there has been a lot of discussion about crypto being the evolution of money, and Basqet could take crypto adoption steps ahead as people will be able to shop and pay for services using crypto besides using it for speculation.

Although one of the biggest concerns around crypto payments is the rapid price fluctuation that crypto is known for. According to Basqet, they resolve this is by allowing merchants to accept crypto as payment and get settled in US dollars, crypto, and over 5 other local African currencies without experiencing any volatility from cryptocurrency. So when a merchant is selling a product for $20 they will always receive the equivalent value in the currency they choose regardless of crypto’s price volatility.

Cryptocurrency payment gateways like Basqet are similar to the likes of Stripe in the US as well as Flutterwave and Paystack in Africa but for crypto. They have the potential of enabling freelancers, business owners, non-governmental organizations (NGOs) and fintech to accept different cryptos as donations, payments or deposits in over 120 countries. Also, they could help cut regular transaction fees by more than 60% with zero chargebacks.

The team at Basqet also stated that for its beta-launch merchants will be able to accept cryptos including; USDT, Bitcoin, Ethereum and Litecoin with several more to be added over the next few weeks.

Merchants that sign up for Basqet’s beta launch will have 3 ways to accept crypto; payment link, payment button, and Basqet API.

In its press release, Basqet mentioned that without a website businesses can use the payment link to accept crypto payment. Adding that it only takes 10 minutes for a business to sign up generate a payment link and send it via WhatsApp, Instagram or any other channel to their customer.

About Basqet

Basqet is a fintech that is revolutionizing payments using blockchain technology. They provide African businesses with a cryptocurrency payment gateway that enables them to accept cryptocurrency payments and get settled in US Dollars and their local currency.

The Hemp Blockchain, Inc. in competition for the $100M XPRIZE Carbon Removal with the support of FFES Environmental 5078

The Hemp Blockchain, Inc., the company building advanced cloud-based solutions to accelerate the growth of the industrial hemp industry and revolutionize the quality of carbon credits available to companies seeking to balance their CO2 emissions, today announces a partnership with FFES Environmental.

FFES Environmental, a 100% Indigenously owned company, and a part of The Sucker Creek First Nation of Alberta Canada will support The Hemp Blockchain in its XPRIZE Carbon Removal submission as Partner in the Environmental Justice portion of the $100 million dollar competition. FFES is part of the Treaty 8, First Nation tribes of Alberta, Canada and will provide resources and lands for creation of sustainable eco-friendly communities centered around the production and processing of hemp.

By “tokenizing” sequestration information the company will increase the amount and quality of carbon credits available for purchase to companies needing to offset their production of CO2 to meet their CSR and ESG commitments. The high-quality carbon credits will be designed for the voluntary carbon credit market, with blockchain technology and “The Carbon Protocol Initiative” the company plans on exceeding all current validation standards.

“The Hemp Blockchain environmental justice strategy is a perfect fit for our new partners,” Said Dan Higbee, CEO of the Hemp Blockchain. “Now that we have separated completely from our former board, and acquired 100% interest in the company, we can focus on business opportunities that focus on planet and people before profit, our new partners and board of directors possess the attitude and commitment required to heal natural environments and communities, as well as the intellectual and financial capital to make it happen.”

“We have a duty to ourselves, families, communities, and nations to consider how our present-day decisions will impact our descendants. We need to build a culture that respects the world and is thankful to the Creator for their sustenance. The Seventh-Generation value takes into consideration those who are not yet born but who will inherit the world,” said Aaron Pritchard, Director of FFES Environmental. “The land is a living organism, we need to be conscious of how we interact with the planet. The Hemp Blockchain naturally aligns with First Nations’ belief in investing in planet and people before profit.”

Paysenger. A new ethics of communication 5954

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Paysenger is a universal solution for paid communication. The service helps you to communicate directly with experts, celebrities and owners of unique knowledge. Paysenger allows opinion leaders to monetize their attention in a new way, while investors are offered to invest in a token named EGO.

The EGO token is an internal medium of exchange used by Paysenger. The users will have opportunities to use fiat money and other payment options but we will encourage them to prefer the EGO token. In other words, EGO is a part of the Paysenger ecosystem; it was created not for fun (as many other) but for a special purpose and therefore has high growth potential.

The last few months have been very productive for the Paysenger team. We managed to take part in several crypto conferences, organize a contest for our partners, and pay out over $250,000 in rewards. But the most important thing is that the price of the EGO token, which is the internal payment tool of our project, is increasing. That means that we are moving in the right direction.

But first things first.

Our Advisors

Even though the Paysenger team is made up of true professionals, we realize that in today’s competitive times we can’t get by without the help of outside specialists who are experts in their fields.

It’s been said and done. We searched for a long time and found some well-known experts in the cryptocurrency industry who came to help our project. Thanks to them, we were able to make the necessary adjustments and determine the further vector of development. Here they are:

  • Timo Trippler — a well-known ICO advisor, CEO, investment and risk manager from Germany. With over 12 years of experience in various financial roles, he managed to advise many successful ICO projects. We invited Timo Trippler to participate in the development of our project because we were confident that his years of experience with blockchain technology would prove useful. He joined the Paysenger team and provided invaluable support.
  • Reuben Godfrey — odious cryptocurrency expert who got interested in bitcoin when it was still worth a few dollars. Reuben describes himself as “a long-time observer and supporter of BTC”. He is a big believer in the bright future of cryptocurrencies. Due to his successes and failures, Reuben’s opinion is extremely useful for any cryptocurrency startup.
  • Ismail Malik — a prominent tech advisor who has participated in 29 ICOs and helped to raise over $200 million. Ismail has more than 20 years of experience in technical support for startups. Rise.Global ranks Ismail Malik as one of the top 100 most influential blockchain experts. Our project was honored to receive valuable development guidance from a guru like Ismail Mailk.

EGO’s Giveaway Challenge (Gleam Contest)

The bearded EGO Claus brought good news to anyone interested in cryptocurrency projects that create real value.

We organized a large-scale distribution of EGO tokens with a total value of $150 thousand.

Thousands of users from all over the world took part in EGO’s giveaway and earned nice bonuses.

What did we get in return? Massive social media publicity. Hundreds of thousands, maybe even millions of new Internet users heard about Paysenger. Thousands of links and discussions about our project appeared on Twitter, Facebook, and other social networks. Each participant promoted Paysenger through reposts, likes, posts, and other social media activities.

The first-place winner received 100,000 EGO ($7,500). We planned to pay a financial reward to 500 participants, but couldn’t stop. Random 2000 winners each received 500 EGO!

We do not calculate whether the $100,000 we spent paid off because we do not consider it a direct investment in advertising. Rather, it is a way to thank those who believe in the project and support it with their attention.

EGO Bounty Program

Inspired by the responsiveness of the users who participated in the EGO’s Giveaway Challenge, we are continuing the EGO Bounty Program.

In this case, users can’t just get tokens, they have to earn them. But it’s not hard and is available to everyone, even complete beginners.

So, the first stage of the Bounty Program has started recently, with 1,200,000 EGO tokens (about $75,000) allocated to it. In order to get free EGO tokens, participants have to complete a task (one or several), such as placing a Paysenger signature on their personal website or making a post on Instagram, Twitter, or Facebook.

We have taken some steps to prevent users from creating multi-accounts in order to receive multiple payouts. What are the results? Thousands of social media posts, articles on Medium, tweets on Twitter, images, and posts on Instagram.

In short, our bounty program has been incredibly effective. One of the reasons for this is that users understand that the EGO token is not just another coin that is secured only by faith in it, but a financial tool that performs a useful function, namely providing fast and secure payments in the Paysenger network.

World Blockchain Summit

On March 23-24, 2022, one of the most famous conferences called the World Blockchain Summit will be held in Dubai.

Thousands of investors, traders, CEOs, and other cryptocurrency enthusiasts will attend this event to interact with leading crypto and blockchain projects, meet global crypto and blockchain influencers and learn from pioneers.

Paysenger will not only participate in the World Blockchain Summit but will be its sponsor. This way, thousands of well-known and influential cryptocurrency industry experts will learn about our project.

World Blockchain Summit is designed to connect global blockchain experts and technology players including IT leaders, government authorities, and blockchain developers. We are both proud and excited to be among the participants and sponsors of such an event.

Crypto Expo Dubai

Dubai, like a magnet, attracts a huge number of famous personalities in different spheres.

Crypto Expo Dubai 2022 is a premier cryptocurrency event that will take place March 16-17, 2022 at the Festival Arena.

Igneus Terrenus, Bill Spata, and other famous speakers will bring together a huge range of industry leaders including CEOs, tech advisors, financial gurus to network and explore new business opportunities in the fast-developing crypto space.

Paysenger has already confirmed its participation in Crypto Expo Dubai.  We are proud to participate in such well-known and authoritative conferences.

Future Plans

While Paysenger marketers are busy promoting the service and increasing our brand awareness, the developers are actively working on the technical part.

The team’s near-term goal is the release of the Paysenger mobile app. The web version of the platform is already available. Various experts ready to share useful content are actively creating their profiles to monetize their influence through prepaid chat, live streams, or video calls. With the release of the mobile app scheduled for March, Paysenger will become even more accessible and easier to use.

EGO Price Dynamics

Numbers don’t lie:

  • $0.01 — EGO token price at the seed round.
  • $0.025 — EGO token price at the first private sale.
  • $0.05 — EGO token price at  Public Presale (on Tokensoft platform). Initially, it was announced $0.035 per EGO unit, but the volume of investments attracted into the project allowed to correct EGO tokenomics and increase the token price.
  • $0.075 EGO token price at IDO. The EGO token is scheduled to launch on the exchange in Q3 2022.

About Paysenger

Paysenger — is a service that monetizes communication. Paysenger creates a new way of communication in a world with the fastest growing relations and unchanged attention span.

Now you can attract attention to your message or call by paying for the recipient’s attention with a fiat or EGO token. It is getting much easier with Paysenger to contact a media person or get expert advice. A received media content can be converted into NFT (Non-fungible token). It can be saved or sold on the internal marketplace for EGO. Our goal is to transform the blockchain by making the technology easier to a large audience.

You can request communication with a favorite person by choosing a preferable format. Whether it is a chat, a conference, or just a video greeting. All these you can get on Paysenger.

Join the EGO Token ecosystem! To buy EGO tokens on Tokensoft click here https://bit.ly/3IOFPPC

Follow us on social media!

Telegram | Twitter | Instagram | Instagram (RUS) | Discord | Facebook

Best regards,
Paysenger Team.

PaybSwap, an Interchain Smart Economy 6007

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The most significant challenge regarding blockchains technology has always been to keep them decentralized, which resulted in the rise in interoperability and thus creating a bridge between two disparate blockchains. With the recent tweet from Vitalik Buterin concerning the feasibility of real interoperability, there have been controversial debates on whether decentralized cross-chain bridges are a natural part of the future or a dream that will never come true. As a result, many projects have been trying to solve interchain interactions; we will delve into two of them, PolkaBridge and PaybSwap.

Smart Chains

Following are three renowned smart chains:

i) Binance Smart Chain

ii) Ethereum

iii) Polkadot

Binance Smart Chain, BSC, is primarily designed to support smart contracts. It also offers compatibility to the Ethereum network via Ethereum Virtual Machine (EVM). Smart contracts allow blocks to be created after certain conditions are met by the process to be held, i.e. they are driven by “if & then” conditional statements, which are preprogrammed and vary. BSC is based on the PoSA (Proof of Staked Authority) model meaning it demands a certain amount of set value (BNB, in this case) to be deposited equivalent to the authority over being a validator.

Ethereum is the first network introducing smart contracts, which led to the rise of dApps and therefore reduced the chance for frauds, and it’s based on a hybrid PoW+PoS (Proof of Work + Stake) consensus mechanism.

Polkadot chain stands on the PoS (Proof of Stake) model. As with BSC, Polkadot demands its validators to make a deposit, which is DOT. This then authorizes them to get hold of the processes being held on the chain.

Cross-Chain Bridges

Bridging solutions allow the access of digital assets across different chains. Centralized bridges are where there’s a mediator, the bridge is trusted, and the transactions between chains are handled. But when it comes to a decentralized system, the software and the programmed structures carry out the transactions leaving no chance of possible corruption by a third party.

PolkaBridge

Polkabridge connects the Polkadot chain with other blockchains like Ethereum, Bitcoin, etc. Generally, the assets to be sent are frozen in the parent account, and the equivalent value is created on a different blockchain, and as a result, the transactions are handled. Since there are chains based on PoA, PoSA, PoW, and Pos consensus mechanism, there had to be some system in finalizing these bridges, and here they are:

A. Pallets

If the chain on the receiving end is based on a substrate blockchain framework, then this specific type of bridge is preferred. For instance, Kusama bridges the gap between both substrates.

B. Smart Contracts

If the blockchains are not substrates, then there’s another way of bridging the solution, which is the usage of smart contracts. The information smart contract carry is based on the “If and Then” model, so if the blockchains involve smart contracts on both ends, this sort of bridging solution would work.

C. Higher-Order Protocols:

If the blockchain is neither a substrate nor a framework based on smart contracts, higher-order protocols are used, namely, in the case of the Bitcoin chain.

PaybSwap

PaybSwap is a Cross-Chain AMM, Yield aggregator, and NFT Marketplace with bridge modules connecting Binance smart chain, Ethereum and Polkadot.

The most notable flaws related to the Ethereum chain include soaring gas costs and poor scalability that led to the creation of BSC. Also, PaybSwap as a cross-chain Automated Market Maker (AMM) on the BSC integrated with Polkadot and Ethereum chains is a second solution allowing easy cross-chain swaps and a higher liquidity proportion.

Polkadot synchronizes the headers between blockchains’ transactions is based on XCMP messaging. For example, to exchange tokens from Ethereum to BSC, the user locks tokens in Ethereum, and then the relay monitors the transaction’s status. Then, tokens are issued on Polkadot using Polkadot API and consequently, the substrate node is called to transfer the tokens on the destination chain.

Validators are the points on Polkadot where the data on the nodes are validated and conveyed to the relay simultaneously and quickly on multiple chains. So, the transactions done on the parachains are checked by the validators, and from these nodes, they are brought to the relay chain.

Concluding

Over the years, a lot has been introduced in the blockchain industry. It’s an accumulated knowledge needed to circulate the funds across inter-chain bridges. From the discussion done above, it’s pretty evident what those smart chains and the bridging solutions are and what these chains demand to interact. This has been broken into the segments above, and each has been briefly delved in to make sense of them.

bitcci: The revolutionizing Swiss Blockchain is all set to launch its Initial Exchange Offering on March 1st 4918

Bitcci

Overview about the company

bitcci is a Swiss blockchain corporation founded in 2017 by Christoph Elbert. It consists of a set of publicly traded firms. bitcci has established the standard for the escort industry by establishing an ecosystem that supports openness, innovation, and compliance.

As bitcci’s Initial Exchange Offerings are slated to be listed on major exchanges, they are a secure investment. bitcci Group AG is now preparing to launch the IEO on March 1, 2022. The IEO will be offered on ten cryptocurrency exchanges only. Coinsbit, Indoex, p2pb2b, Dextrade, and Finexbox are among the most powerful exchanges on the list. Additional exchanges will be announced in the near future. Additionally, all of these transfers are secure, which means that consumers need not worry about their information falling into the wrong hands.

Tokenizing the sex market

bitcci revolutionises the sex market by tokenizing it, and you will gain from it. The business has developed an ecosystem of nightclubs, portals, mobile applications, cloud services, and a blockchain-based payment system. Additionally, bitcci has expanded its offerings with the addition of new services such as bitcci.tv. They will broadcast cryptocurrency news on bitcci.tv, keeping you informed about the cryptocurrency market. Additionally, the company has already placed 200 large street banners near Crypto Valley hotspots to entice potential investors.

The bitcci Group raised over $4 million in their initial coin offering (ICO) in 2021 and now has over 2,900 token holders. The company is developing a whole new sex market for the future generation, based on a worldwide blockchain environment. Their mission is to solve difficulties and to legalise, secure, and liberate the sex industry.

According to Mr. Karnav Shah, editor in chief of Cryptonaire Weekly, “after studying the project since its inception, bitcci has demonstrated the ability to become a big participant in the cryptocurrency sector.” By tokenizing and increasing transparency, the bitcci project is also making strides toward standardising nightclubs and improving the lives of sex workers. Because the company intends to conduct an IEO, I strongly encourage you to participate. Regarding project advancements, I will ensure that my readers are kept informed.“

Mechanism of bitcci cash token

The smart contract for the bitcci currency token can be utilized in the following ways:

  • Capping- This term refers to the fact that the bitcci currency token will never exceed its maximum supply.
  • Burning- Tokens can be destroyed to limit their supply. bitcci will lower the token’s supply and boost its value through the purchase and burning of bitcci currency tokens.
  • Pausing- bitcci currency tokens feature poseable smart contracts that enable bitcci to suspend all token transactions when the token is paused. Thus, hackers will be unable to withdraw funds from an exchange’s centralized hot/cold wallet, thereby securing the ecosystem;
  • Blacklisting- Suspicious ETH addresses will be blacklisted.

Usage of bitcci cash token

The following uses are permitted for the bitcci currency tokens:

  • Fees for access to restaurants and bars, as well as premium services at bitcci Nightclubs;
  • Advertisements, images, movies, and real-time conversation via bitcci Apps and Portal;
  • At bitcci Systems, we offer licenses, information technology services, online traffic, and other premium services.
  • bitcci Agency and TV provide advertising, consultancy, and analysis services.

What is the USP of bitcci?

Conflicts in the sex industry are eradicated with bitcci, and a new, modern culture of acceptance, transparency, trust, and freedom is developed. It optimizes, controls, and decentralizes the whole sector, employing cutting-edge technologies to make it free and secure for all players.

Signed-up sex workers will be allowed to sell services abroad after receiving a global identity using a forensic KYC and ID verification system called bitcci.id. Sex workers will be able to promote their services via the app, providing them the opportunity to meet worldwide consumers; the business also intends to launch the “bitcci nightclub network.”

A network of high-end nightclubs in hotspots around the world. The “bitcci Building AG,” a soon-to-be-established public stock company, will purchase 10 plots of land in Europe in 2022; bitcci does not support any third-party services, as stated in its legal announcement. As part of the ICO, bitcci issues a token indicating its liability as a service provider for the platform’s services; bitcci is successfully resolving sex industry conflicts and challenges by introducing an electronic payment platform, into which the bitcci cash token is fully integrated; bitcci IT platform will assist the workflow via a central club management system. Its services include registering sex workers with authorities, personnel planning, and administration of web portals.

The launch of the IEO on 1st March 2022

On March 1, 2022, bitcci Group AG plans to launch its Initial Exchange Offering (IEO). Exclusively on 10 exchanges will be the IEO. Coinsbit, Indoex, p2pb2b, Dextrade, and Finexbox are the most powerful exchanges on the list. More updates related to bitcci will be announced soon.

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Reltime ‘RTC’ list its unique PoA Protocol and Decentralized Ecosystem 6281

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Oslo, Norway / Reltime’s Proof of Authority Blockchain along with its decentralized banking ecosystem will launch in the 2nd quarter of 2022. Reltime has announced it will be the first blockchain company to bring borderless joint accounts and peer to peer loans to its end-users.

Currently, Reltime is listed on Bitmart and CoinTiger. Reltime is also on track to conduct two more IEOs in the near future: one at P2PB2B, and the other at IndoEx, both with the ticker RTC.

Reltime was founded by a team in Norway, El Salvador, Canada, and India. Reltime started out as a project at King’s College London in 2018. Built on trust, performance, and security, the Reltime DeFi (Decentralised Finance) Ecosystem is owned, backed, and supported by the world’s leading financial partners, such as TAG Systems and FSS Tech.

Reltime Ecosystem

Reltime envisions building a permissioned blockchain with its own decentralised banking ecosystem. Reltime will empower anyone with an Internet connection to engage in advanced financial activities such as peer-to-peer (P2P) borrowing and lending, currency exchange, and domestic and international transfers—all with no fees. The initial launch is scheduled to take place in Brazil, Europe, India, Japan, and Mexico by the 2Q of 2022. Reltime expects to have a global reach for its services by the 4Q ofthe same year; its goal is to do the IPO during the 1Q of 2023.

With its decentralised infrastructure for borderless payment processing, Reltime aims to become a leading full-service digital finance platform with its own stable currency, making SWIFT/IBAN unnecessary for fiat transfers.

The Proof-of-Authority protocol

Reltime is also developing a sophisticated, proof-of-authority (PoA) protocol to deliver payments, instant settlement, and free transactions globally between users based on identity. Reltime’s goal is to reconstruct the banking system as a de facto decentralised platform that is automatic and compliant with regulations. A subsidiary is being established in El Salvador as well (operational in January 2022).

Reltime aims to redefine the state-of-the-art blockchain technology used in tenant and microtransactions and to bridge the traditional financial market and cryptocurrency market using its platform. Today, people are one step closer to complete independence from banking systems. Anyone can build a DLT based service from the Reltime Open API.

Reltime offers Plethora of Services

Reltime projects include mobile applications, free P2P transfer, joint account, lender and borrower interface, where the Lender can customize a loan offer and establish a smart contract to any borrower in the phone contact list. It also includes Marketplace for Borrower with Collateral, a micro-Swap exchange, and DEFI Sandbox, in the end, a comprehensive banking platform controlled by the end-users. Users can review the introduction here, where Reltime also presents the MVP of the service:

Reltime aims to bridge the traditional financial market and the cryptocurrency market using their platform. By doing this, Reltime aims to be a leading DeFi product in driving mass adoption of blockchain technology and accelerating the growth of DeFi. Problems associated with DeFi have been about the complexity of the current DeFi products and the need to be tech-savvy to understand the DeFi landscape fully. Reltime plans to ease the barrier of entry into DeFi and has worked on the project for several years.

Reltime has partnered with several key players in the industry to fulfill the full scope of the deliverable to the users. From License/BIN/EMI, Checkout, Deposit, Biometric Card, and Development. The Reltime team has raised money to fulfill the project, both from the founders and partners. The aim of listing at the exchange is to bring Reltime’s services to the global market and the users in the crypto market. At the same time, all Token holders will be invited to the PreIPO in the 4Q of 2022.

The ecosystem will be open for anyone, both from the financial industry, developers, and distributions. DEFI and Financial systems are all about mathematical calculations. Reltime sees massive potential in the listings, to attract investors and most importantly: find global partners that can bring the Ecosystem of Reltime to the mass market. “We really look forward to the future, informed the CEO Frode van der Laak.”

To learn more about Reltime visit Reltime.com
Twitter: https://twitter.com/Reltimedefi
Telegram: https://t.me/reltimedefi
Linkedin: https://www.linkedin.com/company/reltimedefi

Source: Reltime AS